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In terms of the impact of specific blockchain companies few have done more for the global banking industry to date than ripple the san francisco based tech firm is now providing global financial settlement solutions powered by blockchain to enable banks to transact directly with each other and lower the total costs of settlement. 9 industries that will soon be disrupted by blockchain affected industries are forced to adapt or be replaced records of the millions of transactions that take place in the banking . It will likely to disrupt many industries in the coming 5 to 10 years these are some of the industries its already disrupting 1 banking and payments some say that the blockchain will do to banking what the internet did to media. 19 industries the blockchain will disrupt the blockchain is a distributed ledger technology that underlies cryptocurrencies like bitcoin and platforms like ethereum and it is already . What industries will the blockchain disrupt update cancel what are the industries that blockchain will disrupt and cause major effects to the banking industry blockchain technology has the potential to solve several significant problems faced by the banking industry today right now banks store money for their customers